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Showing posts from June, 2020

Real Estate Investment- Understanding Scope of Delivery

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We all have read those scathing reviews online which basically complaining about how developer has not done certain things which the buyers expect. Developer has not completed road to our site, Developer has not given us drinking water, Developer has not ensured 24/7 electricity supply, crack on the walls constructed and many more. Certain grievances are within the scope of work of Developer and certain are not. Understanding which is which, is important to make the right investment and picking the right apartment. I have said this before and I will say this again, if online reviews are followed not even a single developer across India is worth Investing in.   Lets understand what is within the scope of the Developers works:- Title and Legal Ownership This is one of the most important responsibility of the Developer. Title flow means the events that have occured in the past to ensure ownership of your apartment can be legally passed to you on purchase. The most important aspect tha...

Real Estate Investments- Will the prices drop?

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Has this question kept you on the fence of investing in Real Estate Project in the past? Every one knows that one uncle or one friend or one colleague who was sure that after ILFS crisis real estate prices were going to drop... but they didn't. Then came GST, RERA and they were again sure that prices will drop but they still didnt again. Now again we hear prominent politicians and the stalwarts of industries other than real estate shout on National TV's and webinars that Real Estate prices will drop post Covid 19. Crisis after Crisis, we get pseudo experts on real estate coming out and giving reasons  for real estate prices to drop with those sure shot predictions that have never come true.   So why are the rates not dropping? Will they drop going forward? Should I continue waiting for the right time to enter into the Real Estate market? If these are the few questions you needed answers to then let me tell you the insiders track on real estate pricing through todays artic...